Tag: ethereum

Bumbling hacker steals R$16 million in cryptocurrencies and loses it all after sending money to the wrong address

Bumbling hacker steals R$16 million in cryptocurrencies and loses it all after sending money to the wrong address

On another normal day in the cryptocurrency market, a hacker stole $3 million from the decentralized finance protocol rapidHowever, the digital ‘tumbler’ got confused and lost everything. According to blockchain data, the hacker managed to steal 1,577 units of Ethereum from the protocol, but in an apparent desperation to hide the funds, he transferred the […]

Arthur Hayes predicts an explosion of Ethereum up 4,600% and Bitcoin at $1 million

Arthur Hayes predicts an explosion of Ethereum up 4,600% and Bitcoin at $1 million

Arthur Hayes, the billionaire and co-founder of BitMEX, one of the largest cryptocurrency exchanges on the market, presented an extremely optimistic view on the future of Ethereum (ETH) and Bitcoin (BTC). He emphasizes that despite the recent market turbulence, now is the ideal time to invest in cryptocurrencies. According to the billionaire, Ethereum, which is […]

Ethereum rises after BlackRock files for ETF

Ethereum rises after BlackRock files for ETF

Ethereum, the market’s second-largest cryptocurrency, soared to surpass the $2,000 mark after BlackRock, the world’s largest asset manager, filed a preliminary application to establish an Ether Exchange Traded Fund (ETF). Earlier this year, BlackRock filed to similarly create a Bitcoin ETF, and just days later filed with the U.S. Securities and Exchange Commission (SEC). The […]

First the bears, then the bulls; R$2.3 billion is offset against the rise of Bitcoin

First the bears, then the bulls; R$2.3 billion is offset against the rise of Bitcoin

When Bitcoin reached $38,000 on Thursday (9), the market liquidated R$1.3 billion worth of bear shorts, which were betting on the fall of BTC and other cryptocurrencies. Shortly afterwards, Bitcoin fell 6.25% in a few minutes, resulting in a R$1 billion liquidation from bulls who believed the rise would continue. In total, the settlements reached […]

Investor loses wallet password with R$2 billion worth of cryptocurrencies

Investor loses wallet password with R$2 billion worth of cryptocurrencies

Rain Lõhmus, founder of LHV Bank, Estonia’s largest bank, is faced with a situation that illustrates one of the biggest problems in the cryptocurrency market. Despite owning an Ethereum wallet that houses a huge fortune 250,000 ethersrated at almost half a billion dollarsLõhmus lost access to his digital treasure, according to an interview with Vikerraadio, […]

Cryptocurrencies falling: Bitcoin -11%, Ethereum -16%

Cryptocurrencies falling: Bitcoin -11%, Ethereum -16%

Bitcoin’s sharp decline continues, dropping to around $18,000. The queen of cryptocurrencies is at $18,382, down 11.45% in the last 24 hours. Strongly negative performance also for Ethereum which lost 16.59% to $1,329. The collapse of cryptocurrencies continues on the day that the Binance platform made it known that it intends to buy rival Ftx […]

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